Venom

1. Summary

Ranks

Liquidity

10

Developer

-

Social

100

Momentum (beta)

0

Stack Rank™

-

Price

$0.05 +3.6%

Market Cap

$91.53M (#341)

Supply

/

Tags

Venom Ecosystem

More Metrics

Price
52W High price	$0.68
52W High date	29th Mar 2024 (10 months ago)
All Time High (ATH) Date	22nd Feb 2025 (4 hours ago)
All Time Low (ATL) Date	22nd Feb 2025 (4 hours ago)

Supply & Trading Volume
Trading Volume (24h)	$323,925.00

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Description

Venom is a multi-blockchain network designed to support scalable Web3 applications in the DeFi and Global Payments markets. It provides the best transactional scalability solutions and economic scalability through its architecture. The Venom masterchain acts as a layer-0 blockchain, handling network configuration, validator information, and electio...

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Venom is a multi-blockchain network designed to support scalable Web3 applications in the DeFi and Global Payments markets. It provides the best transactional scalability solutions and economic scalability through its architecture. The Venom masterchain acts as a layer-0 blockchain, handling network configuration, validator information, and election rounds. The platform supports dynamic sharding, dividing tasks between groups of validator nodes. This allows Venom to offer an asynchronous model for communication between smart contracts, ensuring enhanced decentralization and efficiency. The Venom network utilizes a virtual machine that enables the execution of Turing-complete smart contracts. Election mechanics for validator slashing ensure the network's security and decentralization through the use of different task validators. Overall, Venom is designed to provide fast, secure, and scalable solutions for various industries.

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